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Vemma Recognized With Two Videographer Awards

by Ted Nuyten • August 7, 2015 • 0 Comments

The Association of Marketing and Communication Professionals recognized Vemma Nutrition Company with two Videographer Awards for its newest videos launched at 2015 “Focus on Your Success” Vemma Training Convention.
Vemma’s “Living the Vemma Lifestyle” received an Award of Excellence, the highest Videographer Award recognition possible, for being a project that was “written, produced, shot and edited in an exceptional manner.”
The association also awarded Vemma with the Award of Distinction, the second highest Videographer Award recognition possible, for its “2015 Vemma Convention Recap” video because it “exceeded industry standards.”
Since their release at Vemma Training Convention in June 2015, the two videos have skyrocketed in views and shares. Vemma Founder & CEO BK Boreyko said the awards are well-deserved.

//www.youtube.com/watch?v=6XOjX0FK7sc

“Vemma’s videos are unmatched in this industry,” said Boreyko. “We are very proud to support our

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Herbalife Beating Wall Street Odds In 2nd Quarter

by Tina Williams • August 7, 2015 • 0 Comments

USA Today reports: Shares of Herbalife shot up more than 7% in late trading Wednesday after the energy drink company posted better-than-expected financial results for the second quarter.
Herbalife, which has been waging an ugly battle with billionaire Bill Ackman over the legitimacy of its business, posted profits of $1.24 a share on $1.16 billion in sales.
Sales were down 11% from a year earlier due to “unfavorable” currency exchange rates in certain markets, the company said. Still, Herbalife shares shot up close to 8% in after-hours trading because Wall Street analysts had expected the company to post earnings of $1.11 a share on revenue of $1.14 billion.
Ackman, founder of hedge fund Pershing Square Capital Management, placed a $1 billion bet on the stock’s decline in 2012 on the theory that Herbalife is a pyramid scheme — an allegation the company denies.
Ackman shorted the stock at around $47 a share and came close to

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Interview with CEO Of ONEHope Wine

by Ramya Chandrasekaran • August 7, 2015 • 0 Comments

Leaders magazine recently published an Interview with Jake Kloberdanz, CEO and Co-Founder, ONEHOPE Wine, and Katie Allen, National Director, viaONEHOPE.
ONEHOPE is a social enterprise that integrates causes into products and services to make a social impact. Products include award winning wine, gourmet coffee and memorable gifts that are sold through a community of Cause Entrepreneurs who help amplify the brand through the direct sales channel.
Jake, how has the business evolved?
Jake: The first stage was building our wine brand and we’re proud to have grown into one of the top 300 wineries by volume out of over 8,000 in the U.S. We just bought our first property and vineyard in Rutherford, Napa, next door to iconic brands like Robert Mondavi, Cakebread, and Opus One. It will soon be home to our flagship

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Primerica Reports Q2 2015 – Revenues Up 6% To $350.3 Million

by Nicole Dunkley • August 7, 2015 • 0 Comments

Primerica, Inc. (NYSE: PRI) recently announced today financial results for the quarter ended June 30, 2015. Total revenues were $350.9 million in the second quarter of 2015 and net income was $49.2 million, or $0.94 per diluted share.
In the second quarter operating revenues increased by 6% to $350.3 million compared with $330.3 million in the prior year period. Strong operating results were driven by growth in the Term Life segment including 14% growth in life insurance policies issued and a 10% increase in net premiums. The Investment and Savings Products segment continued to perform well with a 9% increase in product sales and 7% growth in average client asset values year-over-year.
Operating results reflect higher than historically incurred claims in the current quarter whereas incurred claims were lower than historical levels in

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Blanka Williams Achieves Highest Rank With DubLi Network

by Nicole Dunkley • August 7, 2015 • 0 Comments

DubLi Network, the world’s largest ecommerce direct selling company, today announced that Blanka Williams has reached the rank of Senior Vice President (SVP), the first woman to reach this important milestone and only the third SVP in DubLi Network’s 12 year history.
Michael Hansen, Founder of DubLi Network, stated, “Blanka’s ability to reach the Senior Vice President rank in only two short years with DubLi Network, her first foray within the network marketing business model, speaks volumes to the relevance and value of more women joining this industry more than ever before in its 95 year history.
In fact, in 2012, 82% of all women in the United States who earned USD$100,000 per year or more did so through the direct sales channel.”
“My advice to others who are just now discovering the direct

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Dexter & Tonya Scott Reach Global Director Rank With Total Life Changes

by Nicole Dunkley • August 7, 2015 • 0 Comments

Dexter and Tonya Scott were introduced to Total Life Changes by their brother and sister-in-law, Executive Ambassador’s Gregg and Lenika Scott in December 2013. They signed up to become Independent Business Owners but did absolutely nothing at the time. Dexter was the Head of Admissions for a company founded by President Dwight D. Eisenhower that traveled students all over the world, while Tonya had the most important job on the planet, being a stay-at-home mom.
Dexter was earning over $100,00 as the Head of Admissions, so they didn’t take this opportunity seriously until Dexter was laid off from his position in May 2014, which completely eliminated their only source of income. This layoff occurred two days before they were leaving the country for a vacation in Italy.
“We were devastated by the loss

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Nu Skin Q2 Revenue Down 13.8% To $560 Million

by Ted Nuyten • August 7, 2015 • 0 Comments

Nu Skin Enterprises, Inc. (NYSE: NUS) today announced second-quarter results with revenue of $560.2 million compared to $650.0 million in the prior-year period.
Revenue in the quarter was negatively impacted 7 percent by foreign currency fluctuations. Revenue in the second quarter of 2014 included $76 million in limited-time offer product sales, while there were no significant limited-time offers during the second quarter of 2015. Earnings per share for the quarter were $0.75, compared to $0.32 in the prior-year period which included a $50 million inventory write-down and a $25 million foreign currency charge related to Venezuela.
“We are pleased the business performed at the high end of our expectations for the second quarter,” said Truman Hunt, president and chief executive officer.
“Additionally, we are encouraged by growth in the number of sales leaders

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MLM On The Rise In South Korea

by Ramya Chandrasekaran • August 7, 2015 • 0 Comments

The number of multi-level marketing (MLM) firms operating in South Korea rose in the second quarter, the antitrust watchdog said Friday, as the government moves to better regulate such operators to prevent consumer damage.
According to the Fair Trade Commission (FTC), there were 132 MLMs in the country as of June 30, up seven from three months earlier. It said 11 new firms opened for business while four closed.
MLMs refer to companies where the sales personnel are not only compensated for selling products and services, but for the sales generated by the salespeople they recruit. Some companies have been discovered to exploit members and are viewed as illegal pyramid schemes.
The FTC said all new businesses signed consumer damage compensation contracts with official direct-selling mutual aid cooperatives. The agreements bind MLMs to conform to

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5 Personality Traits Investors Look for in Entrepreneurs

by Jayson DeMers • August 6, 2015 • 0 Comments

Attaining capital means impressing seasoned financiers and convincing them that your business, more than any other, is worthy of their time and money.